BLUZELLE CHART UPDATE⚠📢In our previous original BLZ analysis, we talked about how price to go over $1 and up to $2 eventually.
However I recently discovered the price data on Binance was not complete, hence a re-analysis.
Just like the others published recently, turns out this is also a First Wave Extension.
Trade Idea Enter with stops below the triangle and target previous local ath (blue horizontal line) as 1st target
2nd target Previous ath within the rectangle
Hodl the rest to $1 if you're feeling extral bullish and lucky.
For swing Traders, you can target the Triangle resistance.
Previous Analysis linked below.
Metaverse
EPIK Prime and the Animoca & Binance MetaverseBinance Smart Chain has launched a $200 million investment program with Animoca Brands, the company driving digital property rights via NFTs and gaming to build the open metaverse.
Even George Soros invested in Animoca Brands recently!
But which crypto is Animoca`s metaverse?
“Animoca Brands’ investment into Epik is part of an ongoing and powerful synergistic partnership,” said Animoca Brands co-founder and chairman Yat Siu. “Together we are stronger. We look forward to expanding our presence in brand licensing, gaming, and metaverse ecosystems.”
EPIK Prime Token Will Drive Development and Advancement of Cross-Chain Gaming Projects and Protocols around NFTs and Brand Licensing for Metaverse Digital Merchandise.
EPIK Prime is backed by Animoca Brands.
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products utilizing popular intellectual properties such as Formula 1, Marvel, Garfield, Snoopy, Thomas & Friends, Power Rangers, MotoGP, and Doraemon.
Animoca Brands' portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland.
Animoca Brands was recently valued at over one billion USD!
EPIK Prime produces the world's premium digital items.
They work with:
250+ Game Companies
50%+ Top Games in the World
1000+ Brands
1B+ Gaming Userbase
Their team comes from Nintendo , Tetris, IBM , and Pokémon.
Brand clients:
Universal, Warner Music Group, TENCENT Games, SONY Music, CAPCOM, Bandai Namco, SNK , Valiant, Hustler, Funimation, Head, Zenescope, DMG entertainment, Ultraman, World of Dance, Head and others!
BearishTalk about a pump and dump! This stock faked its investors out and launched it's price to nearly a dollar a share then burned it's price down to 1/4 the value! It's hard to say what will happen with this stock given it's history over the last few months and all of the global turmoil politically and economically.
SAND : GREAT PROJECT BUT NO ENTRY POINT FOR ME RIGHT NOW HEYY it's me again i hope you're doing great for today's analysis i want to let you know that the sand is a good project i am absolutely a big fan of it and il waiting with patince for the best entry point . as you can see in the chart i used the fib retracement to see how much did it lost from the las uptrend rally . and as you can see it lost already 60% of it's price but the thing im curious about and that made me really suspicious is that the price is aiming for a new lower low to complete the wave and cosnolidate a little bit then go for a new all time high not to mention that the RSI is showing an absolute downtrend until it reaches the areas of 20 or below then you can acces the trade carrefully don't buy with 100% of your capital . always buy on stages and trade on your own responsability . thank you and im all ears .
BTC 4H Analysis(Update). Bull or Bear?🟢 Bitcoin bounced from the support of $36,000-$36,300 area. The local resistance is $38,200 and BTC trying to break above it. If BTC breaks and holds above $38,200 then we see a test if the $39,500-$40,000 area. The support remains the same at $36,000 and let's see how global markets react this week.
⚠ This Analysis will be update
🤵🏻 Analyzed By: AmirHossein
📅 02.23.2022
⚠️ (DYOR)
MANA / USD 1 hour chart patterns -waiting for the bottom.I feel just by the nature of opportunity there should be more downside. if i was a market maker i would take advantage of all the unknowns in the air and push the entire market down with shorts. (I personally do not short. I buy and hold and buy and sell.) but i can see the structure. Same fear and greed. and these people are often the same as the ones who drive pumps. We all love those. It seems manipulative, and it is, but it exists in all markets as does all criminal activity. It is the energy that keeps the wave patterns moving . I think the Government oversight groups into crypto should be the same as any financial item that you own and pay taxes on. I think Right now that is the Department of Treasury. They would benefit greatly if they just simply added crypto to the treasure of the treasury. The fact that they print money and make money off of making money is a bit of a relic.
From the 2021 budget - "including $1,030.0 million
in Bureau of Engraving and Printing (BEP) costs and $65.8 million in Board costs. The
increase is primarily for higher banknote printing costs due to the demand for cash that
followed the onset of the COVID-19 pandemic"
The basic functions of the Department of the Treasury include:
Producing all currency and coinage of the U.S.;
Collecting taxes, duties and money paid to and due to the U.S.;
Paying all bills of the U.S.;
Managing the federal finances;
Managing government accounts and the United States public debt;
Supervising national banks and thrift institutions;
Advising on domestic and international financial, monetary, economic, trade and tax policy (fiscal policy being the sum of these);
Enforcing federal finance and tax laws;
Investigating and prosecuting tax evaders;
Publishing statistical reports.
Crypto could turn all of that around. Smart contracts will give more control.
the game market and the Meta World tokens will be monitored through these cross platform transactions or when converted to USD coin.
In that world i can have and use Mana all i Want in VR worlds and VR assets and only pay taxes when i transfer gain to USD whatever.
These are my hopes in my thinking of the Crytpo world. I Probably wont keep mana though. But will buy and sell if i see action. that currency climbing is the important part of the US stable coin.
KADENA , Out of the descent !All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #KDAUSDT ( Kadena )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.07.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SLP 4H head & shoulders!would not want to long this chart, bitcoin is at 43% dominance and looks ready to break below critical resistance. would not be surprised if we start next week in the red.
$KLAY/USDT 4h (#BinanceFutures) Symmetrical triangle on supportKlaytn is pulling back to 200MA where we expect it to bounce and resume bullish, risky but probably worth it!
Current Price= 1.2430
Buy Entry = 1.2424 - 1.2214
Take Profit= 1.2982 | 1.3572 | 1.4242
Stop Loss= 1.1789
Risk/Reward= 1:1.25 | 1:2.36 | 1:3.63
Expected Profit= +21.52% | +40.68% | +62.44%
Possible Loss= -17.20%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 4x
Estimated Gain-time= 3 weeks
Tags: #KLAY #KLAYUSDT #Blockchain #Scaling #Metaverse #Gaming #Enterprise #EVM #DApp #Governance
Website: www.klaytn.foundation
Contract:
#Mainnet
$0.3 SUPPORT LEVEL IS CRITICAL FOR GALAGALA has been a talk of the town and several fundamentals favoured its bull run.
I think GALA may rally down to $0.285 or $0.26 zones which happened to be FIB 50 and FIB 61.8 respectively if it eventually breaks through the $0.3 support zone.
I am bullish on GALA long term. however, if you are day trading GALA, please watch your levels
MANA has fallen to an important zone, what next?Indeed the market has been on a free fall. Mana is getting its share of the effect of gravity.
Mana has formed an important pattern "M"... this asset is sitting at an important zone which is the neck of the M-pattern.
Looking at my TA, is either MANA breaks through the trendline at the neck of the pattern or the support at that zone holds.
Possibilities.
1. The bearish run continues, break through the trendline and ride to $2.4 zone
2. The support level holds and the bull come back to push this asset to $2.8 -$3 levels.
Warning: RISK MANAGEMENT IS IMPORTANT.
🙏🙏Thanks for coming around.. I will appreciate your like, COMMENTS and follow.
Bitcoin 4H analysis Update🟢 Bitcoin continues the downward movement and now trading
near the support of the $36,000-$36,300 area. BTC needs to show
some strength here otherwise things turn pretty bad. A break
below $36,000 is bearish and we may see a dump towards the
major support of $32,000-$33,000 area. Bitcoin needs to reclaim
the $40,000 area to get some positive move. Use stop loss in all
trades.
📅 02.22 .2022
⚠️ (DYOR)
RFOX - Great support level retest, I'm getting in.Foxy retested the bottom at 0.051, RSI is okay, MACD looking pretty and the graph hasn't gone below bollingers bands but! still Bitcoin has a lot to prove weather it's finally bullish or going past double bottom...yeah. For all that, I think it's a safe bet and worth getting into red fox now in case it skyrockets;)
Good luck :)
Adam
Entry: range 0.052-0.056
StopLoss: anything below 0.051
Takeprofit: yellow triangles shown on graph
After reaching TP1 I'm moving stoploss to break-even.
*not a financial advice blabla
KCS - Detailed Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below.
Fundamentally KCS / Kucoin is doing great too!
As per KuCoin Labs: Integration of Metaverse and DeFi Will Be a Major Highlight in 2022
“KuCoin Labs takes its role in promoting the development of the whole crypto industry. We incubate and invest in innovative projects, guide their development to their maturity where they would bring the best of crypto. As one of the top investment institutions, KuCoin Labs team gathers professional research on a forward-looking journey, unceasingly diving deep into every aspect and detail of a vertical. KuCoin Labs aims to be an integral force in building the future of Web 3.0.”
Said Lou Yu, head of KuCoin Labs.
Best of luck!
Trend breaks + bearish patterns + BTC dominance high = weak altsLet me know what you think in the comments.
Sorry for the messy chart
SAND IS TRADING WITHIN A DESCENDING CHANNELSAND has broken the $3.9 support level and it may now act as a resistance level.
Also SAND is trading within a descending channel and it is currently sitting at the lower end of the channel. Human psychology will likely push this asset up within this channel
Remember that favourable/ unfavourable fundamentals may turn things around
Bitcoin Daily Analysis Update🟢 As expected BTC continues the downward movement and now testing the major support area. BTC needs to hold this support otherwise we see a quick sell-off. We may see a wick to $38,750 support
area. The first resistance is $40,800 and $42,000 area. Keep an eye on the support level.
Use the appropriate loss limit for your trades, which has a very high possibility of emotional movement in the market.
⚠ This Analysis will be updated.
Amir Hossein
📅 02.20.2022
⚠️ (DYOR)
Decentraland is coming to a vital demand zone!!! MANA!Decentraland - On the weekly chart we have a confirmed trend to the downside. Making lower lows and lower highs.
On the daily chart we are trending up making higher highs and high lowers. We have a liquidity void @ $3.66 that needs to be filled. We have a little demand zone that price action could react at the $2.60 region to push up. If this fails and we go $2.43 we are going to the downside. I expect a push up start of the week next week to fill the void above. However this could just be a liquidity grab to the downside.
If we can break above $4.oo the bulls have gained control on the higher time frame.
Most alts are coming to a vital demand zones that need hold or more downside is coming. The next week is going to be a vital candle in the direction we are going.